It started out with good intentions, but the way that most Internet Marketers are using what they consider to be JVs are only being used currently as a method for growing the size of your Mailing Lists and finding new blood with Give-Aways. It’s not the best use of the concept of Joint Ventures!
Traditionally, in the Real World; Joint Ventures were designed to amalgamate the strengths and specialties of two or three companies that would be more than the sum of their parts. Real Joint Ventures are more comprehensive and sophisticated than what JVs have become on the Net.
It’s OK to participate in JVs and add more Internet Marketers to your Mailing Lists. This activity serves a purpose. However, you can get so much more mileage out of substantial Joint Ventures, that when you make a few extra million dollars through a meaningful project…you’ll never look at JVs the same way again.
I have garnered hundreds of good information and materials with IM JVs over the past two years, but I have yet to find anyone who can go head-to-head with a strong Business Plan for a traditional Joint Venture in the Real World. Any takers out there?
One of the Joint Ventures that Lenny, Christiaan, Marjorie, and I have been discussing is the creation of a type of Buying Club or Membership site where we can get the absolute best prices on the best health and Lifestyle products and services around the world. We want to design some type of profit-sharing system, yet maintain the lowest prices on products that matter.
We’ve talked about making it an Affiliate Program or using MLM software to track sales and pay a share of the percentage from the margins from the manufacturers to the wholesale prices for members. Eventually, the products and services would be integrated with Wellness Centers and Retreat facilities around the world and even build in a system for members to acquire land, sustainable housing and energy systems, and coordinate a new economic model for mutual prosperity. Anyone interested?
We’ll be sharing our progress with you and our Global Partners project here. We’re ready to build an interactive system that benefits our International membership in Cascading Wealth Creation. How would you like to pay one third of the price for items that are going to catapult your health and your wealth into the next decade? Then again…how would you like to put your product or service in front of hundreds of thousands of people around the world with a system that is designed to benefit one and all simultaneously? Right, we thought so, too!
Joint Ventures can be set up with any ‘bricks and mortar’ business in any community around the world. With the integration between local and global interactive systems; we have virtually no insurmountable limitations. You can help a restaurant develop another stream of revenue by giving away Join4aDollar memberships when they buy a meal valued at $25 or more. This little JV could bring in hundreds of dollars monthly for both the restaurant, the clientele, and you!
Another JV idea is to set up a discount at a retail store for CWC members when they purchase from the store. For instance, a member wants to buy organic cotton clothing and towels from our JV partner. When they make the purchase online, they provide their CWC username and the discount dollars are sent to that member’s e-wallet to be used to upgrade more members or withdrawn as cash. Smart and clever!
In the days to come, we’ll be giving you more concrete examples and begin to offer great discounts and rebates for our members while in the process of setting up the official site for Global Partners. If you have any practical ideas or suggestions; we’d love to hear your thoughts and comments. It takes a global village and resourceful individuals to make it a successful JV for all of our members and participating business owners and managers. Join us in our JV and learn how to save money while you make your fortune with us!